RESEARCH ALERT-UBS raises Peugeot to 'buy'

Newswire

LONDON, July 28 (Reuters) - UBS investment bank said on Wednesday it has raised its rating on the stock of French carmaker PSA Peugeot-Citroen to "buy" from "neutral".
The bank also raised its price target on the stock to 56 euros from 50 euros.
Peugeot shares closed at 46.10 euros on Tuesday.

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